Co-ops do businesses differently. Best suited for those who want to challenge the status quo or are fuelled to do good.
Take “doing well and doing good” on a whole new level by forming a co-op with SNCF. Our team is dedicated to promoting and developing sustainable co-operative enterprises. As the backbone for the Singapore co-operative movement, we provide co-ops with support in strengthening capability development in areas such as governance, marketing, training, HR, and IT, as well as the opportunities to connect with other co-operative bodies.
Make the difference and get in touch with us today!
To form a co-op, the minimum membership requirement of at least 5 persons or 2 institutional members, each of whom qualifies and is willing to take up membership.
A Pro-term committee, comprising 3 or more members, needs to be set up.
The proposed co-op ought to promote the economic/social interests of its members and/or the economic/social interests of the general public, in accordance with co-op principles; it should also have sufficient capital for the commencement of operations and have in place the required organisational and management structure to oversee the operations of the proposed co-op.
The Pro-term Committee is required to seek the Registrar’s comments submit the following:
1. The Viability Statement
2.Individual members’ details, like: name, NRIC number and occupation
3. Draft by-laws for the Registrar’s approval, based on the requirements in the Schedule of the Co-operative Societies Act.
Learn more about Model of By-laws:Model By-laws (Credit)
After obtaining the Registrar's comments a Preliminary Meeting, of at least 5 persons qualified for membership, is convened to:
1. Adopt the By-laws (which have incorporated the Registry's) comments and
2. Pass the resolution to accept all the rights, duties and liabilities prescribed by the By-laws.
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Qualifications for membership
Upon registration, the Pro-term Committee shall continue to manage the affairs of the co-operative society, until the First Meeting of its members (which is held not later than 3 months after receipt of the Notice of registration). The business of the first meeting shall include the election of officers who shall serve until the first annual general meeting.